Shawn Nelson - Oct 18, 2021 Form 4 Insider Report for Lovesac Co (LOVE)

Role
Chief Executive Officer, Director
Signature
/s/ Megan C. Preneta, Attorney-in-Fact
Stock symbol
LOVE
Transactions as of
Oct 18, 2021
Transactions value $
-$406,327
Form type
4
Date filed
10/19/2021, 04:01 PM
Previous filing
Jul 20, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOVE Common Stock, $0.00001 par value Sale -$215K -3.22K -3.65% $66.75 84.9K Oct 18, 2021 The LPDV Holding Trust F1, F2, F3
transaction LOVE Common Stock, $0.00001 par value Sale -$98.7K -1.46K -1.72% $67.53 83.5K Oct 18, 2021 The LPDV Holding Trust F1, F2, F3
transaction LOVE Common Stock, $0.00001 par value Sale -$93.1K -1.32K -1.59% $70.29 82.1K Oct 18, 2021 The LPDV Holding Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $66.75: $66.23 to $67.12; (b) with respect to the weighted average price of $67.53: $67.24 to $67.69; and (c) with respect to the weighted average price of $70.29: $69.98 to $70.67. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2).
F3 The reported shares are held by The LDPV Holding Trust, dated October 1, 2018, of which the reporting person's spouse is trustee and the reporting person has sole authority over the disposition of the shares of the Issuer held by the trust.